Ukraine’s international reserves decreased by 1.8% in January, totaling $43.003 billion as of February 1, the National Bank of Ukraine (NBU) reported. “As of February 1, Ukraine’s international reserves, according to preliminary data, amounted to $43.003 billion. They decreased by 1.8% in January, but remained close to record levels,” the report said. The primary factors…
In the last quarter of 2024, the proportion of properties purchased with mortgage loans in Bulgaria grew to 27%, or roughly every third property. This marks an increase from 22% during the same period the previous year, according to data from the Registry Agency. The rise is attributed to the ongoing increase in property prices,…
Estonia, Latvia and Lithuania “successfully” synchronized with the Continental European electricity grid on February 9 afternoon, President of Lithuania Gitanas Nauseda said. “The period of political pressure and blackmail is finally over,” he added. “Moments ago I received great news – the synchronization of the Baltic states electricity systems with the continental European system has…
Bulgaria’s labor market remained stagnant throughout 2024, with low unemployment levels but an equally limited number of job openings, according to economists from the Institute for Market Economics. The lack of significant reforms in the past year further exacerbated structural problems in the labor market. These issues, which were already prominent after the post-pandemic recovery,…
The Government has approved the procedure and conditions for granting a subvention to the budget of Kharkiv for emergency repair work in the utilities sector. This was announced by Prime Minister Denys Shmyhal at a meeting of the Cabinet on February 7. “The relevant decision will allocate UAH 1 billion to Kharkiv. The funds will…